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The Second Cup Coffee Company mourns passing of Chairman of the Board

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VAUGHAN, Ontario, Canada – The Second Cup Coffee Company Inc. is deeply saddened to announce the passing of Dr. Igor Lojevsky, Chairman of the Board of The Second Cup Coffee Company Inc. Dr. Lojevsky, 63, passed away on April 12, 2020 in London, UK after battling the Covid-19 virus for over 17 days.

The Board and the entire Second Cup family extend its deepest condolences to Dr. Lojevsky’ s family. Igor was our colleague and more importantly our friend, a generous and gracious man and a loving Father and Husband.

Dr. Lojevsky has been the Chairman of the Board since September 2015 and instrumental in shaping the strategic direction of Second Cup over the past years with his vast experience and knowledge.

Well known and highly respected in the world of investment banking, Dr. Lojevsky received a PhD in Finance from EDHEC Business School, co-authored “Top Management: Theory and Practice”, was a Research Associate and a member of the International Advisory board of EDHEC Risk Institute and an Adjunct Professor of Higher School of Economics.

Over the course of his distinguished career, Dr. Lojevsky occupied many esteemed positions including adviser to the president on financial matters at YUKOS, adviser in the Department of Europe and Central Asia of World Bank, co-head of the investment banking department of Vneshtorgbank (now VTB), chairman of global banking and capital markets in Russia and CIS at Dresdner Kleinwort Bank, Chief Executive Officer of Deutsche Bank in Russia and deputy chairman of the global Deutsche Bank for Eastern Europe. He previously served on the boards of directors of Aeroflot, Russian Railways, Alrosa and was an Independent Director on the Board of the En+ Group.

“We were all without words by this tragic news. It was a great privilege to know him personally. Igor was an incredible leader and a brilliant man with great insights and unmatched experience and a wonderful supporter of the management team. We are truly grateful to him for everything he has done for our company in the 5 short years that he was with us. We are deeply saddened by this tremendous loss to the Second Cup family and wish his family strength and peace as they cope with this tragedy,” said Mr. Jim Ragas, CEO of The Second Cup Coffee Company Inc.

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